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Advisory Committee GrowsMr. Gilbert Smith Accepts Appointment
FOR IMMEDIATE RELEASE
January 24, 2002
Burlington, Ontario
THE JENEX CORPORATION ("Jenex" or the "Corporation")
(CDNX - JEN), is pleased to announce the addition of Mr. Gilbert
Smith to its Corporate Advisory Committee. Mr. Smith brings
valuable corporate and entrepreneurial experience and a history
of professional accomplishments. Mr. Smith becomes the 5th
member of the Corporation's Accomplished Advisory Committee
(see www.jenexcorp.com). The Advisory Committee is an integral
part of the Corporation's strategy to seek experienced professional
advisors to assist the Company in achieving its corporate
goals.
Mr. Smith joined Helene Curtis in 1976 as Vice President
of sales and served with the company until 1998. During that
time he was a member of the Board of Directors, Executive
Vice President and Chief Operating Officer. President of Helene
Curtis North America, and for 13 years he was President of
the U. S. Consumer Division. Prior to that assignment he was
both Vice President of Sales and Marketing. With the acquisition
of Helene Curtis by Unilever, Mr. Smith was appointed Executive
Vice President and Chief Operating Officer of Helene Curtis,
and Senior Vice President of Unilever North America. In this
role he led both Helene Curtis and the customer management
integration of Lever Brothers, Chesebrough Ponds, and Helene
Curtis. Prior to joining Helene Curtis, Mr. Smith was in sales
and sales management with Procter & Gamble and Carter
Products. Mr. Smith attended the Advanced Management Program
at the Harvard Business School, and graduated with a degree
in Economics from Florida State University. Mr. Smith is currently
owner, and Vice Chairman of, a start-up household cleaning
products company.
About The Jenex Corporation
Headquartered in Burlington, Ontario, the Corporation has
developed and patented a thermal therapeutic device for the
prevention of cold sores. Patents in fifteen countries, including
the United States, Canada, Australia, and the E.E.C protect
the technology. A license to market from regulatory, Therapeutic
Products Programme (TPP), in Canada has been received to market
their thermal therapy device, over-the-counter (OTC) with
the claim "For prevention and relief of the symptoms
of herpes labialis (cold sores), such as blistering, lesions,
inflammation, and discomfort. Also helps alleviate the embarrassment
that is typically associated with herpes labialis (cold sore)
outbreaks". A medical device number has been issued
by TPP, in accordance with Medical Device Regulations. Jenex
is the first company to receive clearance to market from a
significant regulatory body to make the prevention
claim for cold sores.
The Corporation is currently seeking clearance from FDA to
make a similar marketing claim in the United States. Management
of the Corporation expects a response from the FDA in the
2nd quarter of 2002. Regulatory approvals are being pursued
in all European countries and Australia.
Jenex is now seeking a strategic corporate partner to license
and commercialize their thermal therapy technology. Several
Multi-National Companies have signed Confidentiality Agreements
and are in various stages of due diligence.
The HSV-1 virus that causes cold sores, is endemic in North
America, and is estimated to affect 80% of the population.
As the only product clinically proven to prevent the outbreak
of cold sores, the Corporation's thermal therapy product has
the potential to dominate a large and underdeveloped market.
"Prevention is the Solution"
For further information, see www.jenexcorp.com or contact:
Michael A. Jenkins, President
The Jenex Corporation
207 - 940 Sheldon Court
Burlington, Ontario
L7L 5K6
Telephone: (905) 632-3830
Facsimile: (905) 632-3774
Email: Jenex@sprint.ca
The Canadian Venture Exchange Inc. has not reviewed and
does not accept responsibility for the adequacy or accuracy
of this release.
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